Reports > Chemicals And Materials > Composite Adhesives Market Report
Composite Adhesives Market Size, Share, Industry Trends and Forecast to 2033
This report provides a detailed analysis of the Composite Adhesives market, including insights on market trends, size, segmentation, and regional breakdown for the forecast period from 2023 to 2033.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $2.50 Billion |
| CAGR (2023-2033) | 6.8% |
| 2033 Market Size | $4.91 Billion |
| Top Companies | 3M Company, Henkel AG & Co. KGaA, H.B. Fuller Company, Sika AG |
| Last Modified Date | 15 Nov 2024 |
Composite Adhesives Market Report (2023 - 2033)
Composite Adhesives Market Overview
What is the Market Size & CAGR of Composite Adhesives market in 2023?
Composite Adhesives Industry Analysis
Composite Adhesives Market Segmentation and Scope
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Composite Adhesives Market Analysis Report by Region
Europe Composite Adhesives Market Report:
The market in Europe is expected to rise from USD 0.72 billion in 2023 to USD 1.42 billion by 2033. Growth is driven by stringent automotive regulations promoting lightweight vehicles and an increase in aerospace manufacturing.Asia Pacific Composite Adhesives Market Report:
In the Asia-Pacific region, the Composite Adhesives market is projected to grow from USD 0.45 billion in 2023 to USD 0.88 billion in 2033. This growth is fueled by increasing industrialization and the expanding automotive and aerospace industries in countries such as China and India.North America Composite Adhesives Market Report:
North America holds a significant share of the Composite Adhesives market, expecting growth from USD 0.97 billion in 2023 to USD 1.91 billion by 2033. This growth can be attributed to increased spending on automotive production, particularly in the electric vehicle segment, requiring advanced composite materials.South America Composite Adhesives Market Report:
The South American market is anticipated to expand from USD 0.24 billion in 2023 to USD 0.47 billion by 2033. The growth is supported by rising construction activities and the demand for durable bonding solutions in packaging and textiles.Middle East & Africa Composite Adhesives Market Report:
In the Middle East and Africa, the Composite Adhesives market is projected to grow from USD 0.12 billion in 2023 to USD 0.23 billion by 2033. The region's development of infrastructure projects and the manufacturing sector will enhance market growth.Request a custom research report for industry.
Composite Adhesives Market Analysis By Product Type
Global Composite Adhesives Market, By Product Type Market Analysis (2023 - 2033)
Epoxy adhesives dominate the product type segment, returning a market size of USD 1.62 billion in 2023 and projected to reach USD 3.19 billion in 2033, with a share of 64.99%. Polyurethane adhesives follow with a market size of USD 0.61 billion in 2023, growing to USD 1.19 billion by 2033 (24.31%).
Composite Adhesives Market Analysis By Application
Global Composite Adhesives Market, By Application Market Analysis (2023 - 2033)
The transportation sector leads in applications, valued at USD 1.42 billion in 2023 and expected to rise to USD 2.79 billion by 2033 (56.79% market share). Packaging follows with USD 0.59 billion in 2023, projected to increase to USD 1.15 billion by 2033 (23.5%).
Composite Adhesives Market Analysis By Technology
Global Composite Adhesives Market, By Technology Market Analysis (2023 - 2033)
The market sees a shift towards water-based adhesives, increasing from USD 0.59 billion in 2023 to USD 1.15 billion in 2033, primarily due to regulatory pressures for lower VOC emissions. Solvent-based adhesives maintain a strong position with a consistent market presence.
Composite Adhesives Market Analysis By End Use
Global Composite Adhesives Market, By End-Use Industry Market Analysis (2023 - 2033)
End-use sectors such as automotive and aerospace show significant reliance on composite adhesives, with the automotive sector projected to grow from USD 0.57 billion in 2023 to USD 1.11 billion by 2033 (22.61% share), reflecting the industry's need for lightweight and durable materials.
Composite Adhesives Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Composite Adhesives Industry
3M Company:
A leading player in adhesive technologies, 3M offers a wide range of innovative Composite Adhesives tailored for various applications across industries.Henkel AG & Co. KGaA:
Henkel is a major manufacturer providing advanced adhesive solutions. Their extensive portfolio includes high-performance composite adhesives particularly employed in automotive and aerospace sectors.H.B. Fuller Company:
A global provider of adhesive technologies, H.B. Fuller focuses on developing tailored adhesive solutions for innovative composite bonding applications.Sika AG:
Sika is known for high-quality construction and industrial adhesives, addressing the need for durable Composite Adhesives in demanding applications.We're grateful to work with incredible clients.
